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Regulators Reject Rick Perry's Plan To Prop Up Coal And Nuclear Plants

by cnbc.com posted 9months ago 216 views
Federal regulators rejected a rule proposed by Energy Secretary Rick Perry to subsidize coal and nuclear power plants. : Federal regulators on Monday rejected a rule proposed by Energy Secretary Rick Perry that would have subsidized coal and nuclear power plants in some parts of the United States. However, the Federal Energy Regulatory Commission kept the issue alive by ordering the organizations that operate regional grids and power markets to submit reports to the commission on grid resilience issues in their areas.